One of the many trends that have taken over the personal finance world in recent years has been the idea of gamification. For example, some finance gurus have extended various money challenges to their followers to help them achieve worthwhile financial goals in a less intimidating way. Then there's the...
Earlier this year Goldman Sachs purchased the wealth management firm United Capital for $750 million. Along with the company came its founder Joe Duran. Now, in a recent interview with Financial Times (via Barron's), Duran revealed that Goldman intends to launch its own robo-advisor platform sometime in the new year....
For as controversial as certain FinTech startups have been in some circles, financial technologies have provided many benefits for consumers. One company that exemplifies this is SaverLife — a non-profit set on helping individuals lead better financial lives. This includes various initiatives that incentivize saving, including their Scratch & Save...
In the past few months, the investment app Robinhood has certainly seen its share of ups and down. Nevertheless the company has continued to not only push forward but also bring new features to its platform. On that note, the FinTech has just revealed that it will soon give users...
With as much attention as Silicon Valley startups get, it can be easy to forget that FinTech is far from just an American phenomenon. In fact firms in Europe, Asia, and beyond have certainly done their fair share or innovating and, yes, fundraising. Among them is Romania-based and aptly-named FintechOS....
Empire State residents will now have another option for trading cryptocurrencies. This week the New York State Department of Financial Services approved FinTech lender turned jack-of-all-trades SoFi for a BitLicense. The move means that users in the state will now be able to buy and sell crypto on the SoFi...
Since the 1970s, there's been no question about where the capital of technology has been in the United States: Silicon Valley. Today, Northern California and specifically the Bay Area is home to a plethora of startups, including some well-known FinTechs. However a growing trend suggests that some of these disruptors...
Back in April of this year, Robinhood joined the growing list of FinTechs and challenger banks applying to become full-fledged banks and receive a national charter. At the time the company said, "Robinhood’s goal is to be able to offer its customers a full suite of financial products to service...
Every day millions of users turn to PayPal to send money and make purchases. Now the FinTech is making a rather sizeable buy of its own. Last week the company announced that it would be acquiring Honey. For their purchase of Honey (or Honey Science Corporation as their formally known),...
One of the many trends that have taken over the personal finance world in recent years has been the idea of gamification. For example, some finance gurus have extended various money challenges to their followers to help them achieve worthwhile financial goals in a less intimidating way. Then there's the...
Much of the future of financial technology is wrapped up in how quickly technical capabilities advance. While the convenience on the horizon is mind-boggling, it must be approached with caution and sensibility to avoid compromising the privacy and stability of current financial practices.
While there are legitimate concerns about the viability of Bitcoin and others, if nothing else these currencies should be viewed as a proof of concept for blockchain technology itself. In other words, don’t expect blockchain or cryptocurrencies to go down so easily. Instead, prepare for more disruption as a greater...
A few weeks after Square CEO Jack Dorsey teased some sort of custom Visa card on Twitter, select Square Cash customers have begun receiving invitations to order their own Square Cash debit card. According to reports the cards are linked to users' Square Cash balance and are accepted where Visa...